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Remodeled Strip Center Space
For Lease
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14723 CENTRAL AVE, Oak Forest, IL 60452

Updated retail or office space in a neighborhood center with established nearby businesses and modified lease terms.

Space Size1,250 SF - 2,000 SF
Days on Market17

Property Features for 14723 CENTRAL AVE

General Information

Standard status Active
Size 1,250 SF - 2,000 SF
Net Rentable 1,250 SF
Property subtype Retail, Office, Restaurant
Lease Type Modified Gross

Space & Availability

Available Space 1,250-2,000 SF
Contiguous Space 2,000 SF
Space Use Office

Lease Terms

Lease Rate $18 /USD/SF/YR
Total Rate $1,875
Monthly Rent $1,875-$3,000
Rent per SF/Year $18
Flexible Term Yes

Additional Details

Anchor Co-Tenants 7 Eleven, Monaco Pizzeria

Building Details

Year Built 1971
Tenancy Multiple

Spaces For Lease

at 14723 CENTRAL AVE Contact us

Space 1

Type
Restaurant
Availability
Active
Contact us
Listing Agency: Coldwell Banker Real Estate LLC
Listed By: Nick DiBrizzi · License #475132534
Source: Crexi
Added: Aug 6 Changed: Aug 22 Last Checked: Aug 22 at 7:23AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Real Estate LLC

Investment Insights

Based on property information with market context.

This retail space is located within a neighborhood strip center that was built in 1971 and has been completely remodeled. The available configuration is suitable for either retail or office occupancy, with flexible lease terms offered under a modified lease structure. Zoning is COMMR.

The center occupies the Central Avenue and 147th Street area in Oak Forest, with 7-Eleven serving as a primary anchor and Monaco Pizzeria also operating nearby. The property includes unlimited parking and is positioned along S Central Avenue. Ownership approval and tenant qualification are required before showing or lease execution.

Key Highlights

  • Completely remodeled strip center space
  • Retail or office use supported
  • 7‑Eleven anchor and Monaco Pizzeria nearby

Property Analytics

Current Use

Sung & Gliues Law ... Law Firm

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Hair Salon HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$2.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

164
Businesses Nearby
5k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
7-Eleven Shops & Services
4,825 visits/mo 0.1 miles

Demographics for 60452, IL

27,363
Population
10,557
Households
2.6
Avg Household Size
40
Median Age
30%
College-Educated
92%
High-School Grad
8.6 sq mi
ZIP Area
3,182
Density / Sq Mi
$89,167
Median Household Income
$47,519
Median Earnings
$1,287
Median Rent
$249,100
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Strip mall - Updated retail or office space in a neighborhood center with established nearby businesses and modified lease terms.
Where is this strip mall located?
The property is located at 14723 CENTRAL AVE Oak Forest, IL.
What are key features of this property?
This property features: Completely remodeled strip center space; Retail or office use supported; 7‑Eleven anchor and Monaco Pizzeria nearby
(630) 954-4600 Call to check price and availability
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